Lowell Five Cent Savings Bank approved 13 SBA loans worth $6.8M between October 2021 and June 2026, ranking #1060 of 2,283 SBA lenders nationally by loan count. Its median loan was $190,500, and 54% went to startups or businesses under two years old. It lent in 2 states, most often in Massachusetts, and its most financed industry was administrative and support services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Massachusetts | 9 | $6.2M | $190,500 | #85 |
| New Hampshire | 4 | $644K | $173,250 | #59 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Administrative and support services | 4 | $166,000 | |
| Retail | 4 | $125,000 | |
| Restaurants and hotels | 2 | $2,360,000 | |
| Arts, entertainment and recreation | 1 | $350,000 | |
| Other services (repair, personal care) | 1 | $55,000 | |
| Manufacturing | 1 | $500,000 |